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NMDC base price fixed at Rs 147 per share, Rs 5,828 cr eyed

Last Updated: Tuesday, December 11, 2012, 17:50

The government on Tuesday fixed Rs 147 a share as the base price-- a 7.7 percent discount at market rate-- for sale of its 10 percent stake in miner NMDC, with the hope of garnering Rs 5,828 crore to the cash-pressed Exchequer.